[Centrus Energy] “Promised Long-term Growth, Expected Earning Surprise, and Possible Short Recovery”
A strong buy on Centrus Energy stock (I hold some shares and I am buying more). Here is my analysis on Centrus Energy. “ The global Uranium enrichment market, the most promising area in the fast-growing nuclear energy industry, is occupied by European, Russian, and Chinese companies .” The nuclear energy industry is making a huge comeback driven by both market demand and government policy. Considering the DOE’s plan to triple the domestic nuclear energy capacity by 2050, the long-term growth of the nuclear industry is just beginning. Particularly, enriched Uranium, already used for the existing nuclear power plants and supposed to be used for any types of SMRs, is the most promising business among the nuclear energy value chain . On the other hand, SMR reactor designer/ producers, such as Nuscale Power, Oklo, X-Eenrgy, and Terra Power are still facing uncertain futures in that it is unclear for now which SMR technology would eventually p...